Tier III Data Center Dominate Data Center UPS Market with $3 Billion Revenue

The global data center UPS market produced $5,729.0 million in 2021, which is predicted to hit $10,096.5 million by 2030, growing at a 6.5% CAGR from 2021 to 2030. The market is being bolstered by the opening of new data centers, as the need for data storage is skyrocketing across all industries. The need for UPS systems is growing since they safeguard data centers from power spikes and outages. With high-density cloud computing systems, industries and businesses rely heavily on data centers, necessitating power supply continuity for effective data security.

The biggest end customer of data center UPS solutions is the IT industry. During the projected period, the segment is also predicted to increase at the fastest rate. Top IT firms rely on data analytics and cloud computing systems, and they have a high demand for data storage and security in data centers. Businesses use data center UPS systems to provide a continuous power supply to meet their business objectives. Amazon, Microsoft, and Google are a couple of the key companies in the data center UPS market that own over half of the data centers and contribute considerably to the market's growth.

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In today's world, the usage of cloud computing is growing at an exponential rate, and reliance on the internet is commonplace, resulting in massive amounts of data. This demands a lot of storage capacity, which data centers can supply. The centers are structured for optimal dependability with the usage of UPS to offer power backups to ensure that data information is available at all times. For instance, ABB Ltd. released MegaFlex, a small UPS system, in April 2020. MegaFlex provides the system-wide capacity required for data storage.

With a value of approximately $3 billion in 2021, tier III data centers led the data center UPS market. It is also anticipated to follow a similar pattern in the next years. This is due to the fact that most data centers are designed to meet tier III standards, and tier III facilities are commonly utilized by expanding and big organizations. There are also a number of active data center projects throughout the world that fit into this category.

North America held the biggest share of the revenue in the data center UPS market in 2021. This is due to the presence of key market companies including ABB Ltd., Eaton Corporation, and Schneider Electric, as well as the region's data center concentration, which is the highest in the world. On the other hand, the APAC market is expected to grow at the fastest rate in the future years. This is because of the region's growing investments, data center growth, and widespread acceptance of public and hybrid cloud by numerous sectors.

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Governments are taking several steps to reduce their carbon impact. For example, The Carbon Neutral Government Program was created to help the public sector reduce emissions faster. As a result, businesses, manufacturing units, and IT companies are taking measures to move toward more efficient and environmentally friendly power backup systems, with green UPS systems leading the way in the data center UPS market, consuming less energy and producing a lower carbon footprint.

Hence, the market will grow significantly in the coming years, due to the growing count of new data centers and the heavy dependency of industries and businesses on data centers.

Browse more reports:

Global Data Center Power Market Report - https://www.psmarketresearch.com/market-analysis/data-center-power-market

Global Data Center Power Generators Market Report - https://www.psmarketresearch.com/market-analysis/data-center-power-generators-market

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